Oktoberfest Committee
- Assets
- $55.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ottumwa, IA
- Founding
- 01/1985
- Data as of
- 06/2022
- EIN
- 42-1206961
Organization Overview
Oktoberfest Committee is located in Ottumwa, IA. The organization was established in 1985. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oktoberfest Committee is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Oktoberfest Committee generated $4.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $5.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PER CONTRIBUTION SCHEDULE TO PROMOTE SOCIAL WELFARE IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Morgan President | 0 | $0 | |
Mary Sigman Treasurer | 0 | $0 | |
Jill Denniston Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,584 |
| Other Revenue | $0 |
| Total Revenue | $4,587 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $5,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,664 |
| Other assets | $0 |
| Total assets | $55,664 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,664 |